Raleigh, NC Rent Trends

Rank #56, last updated June 16

Need help setting rent prices for your property? Try our free rental pricing tool here.

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Raleigh?

The average rent of a studio apartment in Raleigh, NC is $973. The average rent of a 1-bedroom in Raleigh, NC is $1,147. The average rent of a 2-bedroom in Raleigh, NC is $1,450. The average rent of a 3-bedroom in Raleigh, NC is $1,950.

Studio

$973


1 bed

$1,147


2 beds

$1,450


3+ beds

$1,950

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Raleigh

Jun 01 2024Jul 15 2024Aug 29 2024Oct 14 2024Nov 29 2024Jan 14 2025Mar 01 2025Apr 16 2025Jun 16 2025$900$1,150$1,400$1,800
  • Raleigh
  • National

Apartment Rent Ranges in Raleigh

The monthly rent for apartments in Raleigh, NC ranges from $500 to $2,900+.

$500 - $1,100

$1,100 - $1,700

$1,700 - $2,300

$2,300 - $2,900

$2,900+

What is the average apartment size in Raleigh?

The average size of a Raleigh, NC apartment is 1201 square feet, while the median apartment size for Raleigh, NC is 1118 square feet. However, square footage varies based on unit type. Most rentals in Raleigh, NC (44.59%) are 3+ bedroom apartments, while the fewest (3.38%) are studio apartments. Meanwhile, 2 bedroom apartments account for 41.67%, and 1 bedroom apartments make up 10.36%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Raleigh?

Studio1 bed2 beds3+ beds
Hudson And Plaza$1,095*$1,597$2,523

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

Popular searches

Pet Friendly Apartments Raleigh

520 apartments starting at $750/month

Studio Apartments Raleigh

48 apartments starting at $850/month

1 Bedroom Apartments Raleigh

469 apartments starting at $550/month

2 Bedroom Apartments Raleigh

592 apartments starting at $750/month

3 Bedroom Apartments Raleigh

230 apartments starting at $1,295/month

Cheap Apartments Raleigh

1,328 apartments starting at $550/month

Short Term Rentals Raleigh

19 apartments starting at $750/month

Houses for Rent Raleigh

87 apartments starting at $1,250/month

Nearby neighborhoods

Hudson And Plaza Apartments

104 apartments starting at $940/month

La Crosse Point Apartments

45 apartments starting at $995/month

State Street Village Apartments

56 apartments starting at $750/month

Nearby cities

Apex Apartments

42 apartments starting at $1,222/month

Cary Apartments

464 apartments starting at $750/month

Clayton Apartments

90 apartments starting at $949/month

Concord Apartments

113 apartments starting at $995/month

Fuquay-Varina Apartments

34 apartments starting at $1,399/month

Garner Apartments

24 apartments starting at $700/month

Holly Springs Apartments

22 apartments starting at $1,299/month

Morrisville Apartments

146 apartments starting at $1,212/month

Wake Forest Apartments

34 apartments starting at $995/month

Nearby universities

NC State Apartments

110 apartments starting at $635/month

Wake Tech Apartments

40 apartments starting at $1,190/month

Popular metro areas

Baltimore Metro Apartments

3,031 apartments starting at $475/month

Charlotte Metro Apartments

4,233 apartments starting at $560/month

Philadelphia Metro Apartments

4,023 apartments starting at $500/month

Pittsburgh Metro Apartments

1,911 apartments starting at $400/month

Raleigh Metro Apartments

3,167 apartments starting at $550/month

Washington Metro Apartments

5,945 apartments starting at $650/month